Milan-listed Azimut has signed a memorandum of understanding with a Chinese asset manager for exchange-traded funds. Azimut Group and China Universal Asset Management (CUAM) have signed a memorandum ...

Brazilian Swiss private bank J. Safra Sarasin has hired a former Julius Baer executive in Singapore. Jayant Jetley joins J. Safra Sarasin as a managing director in Singapore, according to a LinkedIn ...

Munich-headquartered Allianz has withdrawn its offer to acquire a majority stake in Singapore's Income Insurance following the local government’s rejection of the deal. Allianz has withdrawn its ...

Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...

Whether at an elegant Christmas dinner, in a cozy gathering, or during an evening in an exquisite bar, the perfect outfit is only complete with the right handbag. finews.asia presents ten glamorous ...

UBS is restructuring its wealth management business in the US. There are restructurings and numerous appointments. UBS is reorganizing its global wealth management (GWM) business in the US as of 1 ...

Osaka-based Nippon Life will buy Bermuda-based insurer Resolution Life in the largest takeover ever by a Japanese insurer. Nippon Life will acquire all the shares it does not own in Resolution Life ...

Jean-Pierre Brulard, the new CEO of Temenos, is focused on a long-term strategy to drive the company forward and rebuild trust with investors and customers. He believes the company is currently ...

Hong Kong has successfully attracted the Philippines’ Khos, who run a 40-year conglomerate, to set up a family office in the city. The Kho family from the Philippines has set up a family office in ...

The investment arm of Allianz has been approved to become the first foreign asset manager to own a stake in China’s pension insurance company. Allianz Global Investors has received regulatory approval ...

London-headquartered HSBC has expanded a recently launched credit aimed at private banking clients to the Indian market. HSBC India has introduced a credit card for its global private banking clients, ...

The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...